As a corporation's investment opportunities increase, the dividend payout ratio should decrease so
that the corporation can avoid flotation costs.
Indicate whether the statement is true or false
TRUE
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The following information is provided for Southall Company: Sales revenue$125,000 Variable manufacturing costs 42,500 Fixed manufacturing costs 37,500 Variable selling and administrative costs 15,000 Fixed selling and administrative costs 12,500 What is this company's contribution margin?
A. $45,000 B. $67,500 C. $17,500 D. $30,000
Which of the following is NOT recommended when preparing form messages?
a. Add variables to the standard text to tailor the message to the individual. b. Use pre-produced mailing labels. c. Use stored paragraphs that are selected according to the situation. d. Use good quality paper and a high quality printer.
In the time-driven model of leadership, which style is reserved for decisions that are significant and where the leader's expertise is high?
A. autocratic B. facilitative C. supportive D. consultative E. delegative
Jing, who is single, paid educational expenses of $16,000 in 2018. He redeemed Series EE bonds and received principal of $8,000 and interest of $3,000. Jing has other adjusted gross income of $83,550. With respect to the $3,000 of bond interest, Jing must include in taxable income
A) $0. B) $1,400. C) $1,600. D) $3,000.